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  • Search: subject:"optimal annuitization time"
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Year of publication
Subject
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optimal annuitization time 2 Defined contribution pension scheme 1 cost of sub-optimality 1 de-cumulation phase 1 decumulation phase 1 defined contribution pension scheme 1 stochastic optimal control 1
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Online availability
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Free 2
Type of publication
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Book / Working Paper 2
Language
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English 2
Author
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Vigna, Elena 2 Gerrard, Russell 1 Giacinto, Marina Di 1 Højgaard, Bjarne 1
Institution
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Collegio Carlo Alberto, Università degli Studi di Torino 2
Published in...
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Carlo Alberto Notebooks 2
Source
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RePEc 2
Showing 1 - 2 of 2
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On the sub-optimality cost of immediate annuitization in DC pension funds
Giacinto, Marina Di; Vigna, Elena - Collegio Carlo Alberto, Università degli Studi di Torino - 2010
extensive numerical investigations of the model and seek the optimal annuitization time. We find that the optimal annuitization … time depends on personal factors such as the retiree's risk aversion and her subjective perception of remaining lifetime …
Persistent link: https://www.econbiz.de/10008835037
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Cover Image
Choosing the Optimal Annuitization Time Post Retirement
Gerrard, Russell; Højgaard, Bjarne; Vigna, Elena - Collegio Carlo Alberto, Università degli Studi di Torino - 2008
In the context of decision making for retirees of a defined contribution pension scheme in the de-cumulation phase, we formulate and solve a problem of finding the optimal time of annuitization for a retiree having the possibility of choosing her own investment and consumption strategy. We...
Persistent link: https://www.econbiz.de/10005094050
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